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World Bank: 75% Of The World’s Poor Are ‘Unbanked’
Three quarters of the world's poor, living on less than $2 a day, have no bank account, further driving the vicious…
Fitch Affirms UAE’s Union National Bank at ‘A+’
Fitch Ratings has affirmed Union National Bank's (UNB) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable…
Four Greek Banks Lose $37 Bln On Debt Restructuring
Greece’s four biggest banks reported a combined loss of 27.9 billion euros ($36.9 billion) for last year after…
IDBE Sells 30% of Real Estate Assets
Industrial Development and Workers Bank of Egypt (IDBE) targets to cut 30% of real estate assets portfolio, as…
Fitch Affirms 3 Turkish Foreign-Owned Banks At ‘BBB-‘
Fitch Ratings has affirmed Turkey's Finansbank A.S., Denizbank T.A.S. and Turk Ekonomi Bankasi A.S.'s (TEB)…
Saudi NCB’s Net Income Posts SR1.9 Mln In Q1
The Saudi Arabian lender National Commercial Bank announced that net income for the first quarter 2012 reached SR1,…
IMF wants to boost Finances
Chancellor George Osborne is under pressure from the International Monetary Fund (IMF) to provide more loans to…
AlexBank Disbursed 114, 000 Yellow Remittances
Alex Bank, subsidiary of Intesa Sanpaolo Group, disbursed EGP 476 million in the last three weeks which is the…
Oman’s Bank Muscat Offers New Auto Loan
Bank Muscat has launched an attractive Sayyarati auto loan campaign offering a host of features, including lower…